$1,399,900
32 King ST E Cavan Monaghan, ON L0A 1G0
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$1,399,900
Est. payment /mo
3,589 SqFt
Price Dropped by $100K
32 King ST E Cavan Monaghan, ON L0A 1G0
UPDATED:
10/31/2024 03:47 PM
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,589 sqft
Price per Sqft $390
MLS Listing ID X9369566
Annual Tax Amount $4,712
Tax Year 2023
Property Description
Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable.
Location
State ON
County Peterborough
Area Millbrook
Interior
Cooling Yes
Exterior
Utilities Available Yes
Parking Type Lane
Others
Security Features No
Listed by ROYAL HERITAGE REALTY LTD.
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